NOT LISTED FOR SALE

439 W Ramona Dr Rialto, CA 92376

Estimated Value: $852,000 - $931,000

6 Beds
4 Baths
2,616 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $485,000 $185 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,176/month

175 Days on Market

About This Home

As of September 2017

TAKE A LOOK TO THIS GREAT OPPORTUNITY. .. !!! FOUR UNIT PROPERTY IN RIALTO. THESE UNITS ARE IDEAL FOR GREAT CASH FLOW WITH LONG TERM TENANTS OR BUYERS' LOOKING TO LIVE IN ONE UNIT AND RENT THE OTHERS. PROPERTIES LOCATED ON A VERY CONVENIENT AREA, CLOSE TO SCHOOLS, MAJOR SHOPPING CENTERS, FWY 215, 210 AND MUCH. .MUCH. .. MORE.

Last Agent to Sell the Property

Juan Haro

Signature Realty & Loans License #01939524 Listed on: 03/08/2017

Last Buyer's Agent

Juan Haro

Signature Realty & Loans License #01939524 Listed on: 03/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,666

Year Built

  • Built in 1958

Lot Details

  • 8,064 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,616 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5561
  • Assessor Parcel Number 0127582050000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $640
  • Gardener Expense $960
  • Insurance Expense $994
  • Trash Expense $1,320
  • Water Sewer Expense $4,740
  • New Taxes Expense $2,208
  • Operating Expense $10,922
  • Gross Income $3,600
  • Net Operating Income $33,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,666

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4740.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 0127582050000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 185.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8064.00

Multi Family

  • Electric Expense: 640.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 994.00
  • Net Operating Income: 33288.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9912.00
  • Rent Control: No
  • Total Expenses: 10922.00

Tax Info

  • New Taxes Expense: 2208.00
  • Tax Census Tract: 35.09
  • Tax Lot: 14
  • Tax Tract Number: 5561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Montano Luis
Bought by
Montano Luis
Current Estimated Value
$882,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,400
Outstanding Balance
$321,356
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$561,382

Purchase Details

Listed on
Mar 8, 2017
Closed on
Sep 28, 2017
Sold by
Polanco Veronica
Bought by
Montano Luis
Seller's Agent
Juan Haro
Signature Realty & Loans
Buyer's Agent
Juan Haro
Signature Realty & Loans
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$363,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2017
Closed on
Aug 31, 2017
Sold by
Matrix Capital Associates Inc
Bought by
Montano Luis
Seller's Agent
Juan Haro
Signature Realty & Loans
Buyer's Agent
Juan Haro
Signature Realty & Loans
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2017
Sold by
Gertmenian L Wayne
Bought by
Matrix Capital Associates Inc

Purchase Details

Closed on
Oct 25, 2016
Sold by
Grant Steven A and Grant Sharlynn L
Bought by
Gertmenian L Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Grant Steven A and Grant Sharlynn L
Bought by
Grant Steven A and Grant Sharlynn L

Purchase Details

Closed on
Jul 12, 1999
Sold by
Grant Allyn C & Jane Living Trust
Bought by
Grant Steven A and Grant Sharlynn L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montano Luis -- Usa National Title Company
Montano Luis -- First American Title Company
Montano Luis $485,000 First American Title Company
Matrix Capital Associates Inc -- None Available
Gertmenian L Wayne $425,000 Chronos Title Inc
Grant Steven A -- None Available
Grant Steven A $90,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Luis $352,400
Closed Montano Luis $363,750
Previous Owner Gertmenian L Wayne $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $485,000 0.0% $185 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $485,000 -7.6% $185 / Sq Ft
08/22/2017 08/22/17 For Sale $525,000 0.0% $201 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $525,000 -- $201 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,666 $551,847 $113,782 $438,065
2024 $6,666 $541,026 $111,551 $429,475
2023 $7,110 $530,418 $109,364 $421,054
2022 $6,602 $520,018 $107,220 $412,798
2021 $6,560 $509,822 $105,118 $404,704
2020 $6,604 $504,594 $104,040 $400,554
2019 $6,453 $494,700 $102,000 $392,700
2018 $6,265 $485,000 $100,000 $385,000
2017 $5,568 $425,000 $85,000 $340,000
2016 $2,208 $162,295 $40,574 $121,721
2015 $2,217 $159,858 $39,965 $119,893
2014 $2,090 $156,726 $39,182 $117,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17047235

California Regional Multiple Listing Service (CRMLS)

APN: 0127-582-05